Volkswagen Is Paying Russian Workers To Quit Their Jobs CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Volkswagen Is Paying Russian Workers To Quit Their Jobs
Volkswagen Is Paying Russian Workers To Quit Their Jobs
Jun. 13, 2022 5:44 PM ET by Chase Bierenkoven Industry News / 6 Comments Voluntarily quit your job and VW will pay you handsomely. On Thursday, Volkswagen announced it will offer pay-outs to its Russian employees currently working at the brand's Nizhny Novgorod factory in Russia, provided they voluntarily quit their jobs. It's an excellent way of supporting the individuals who have worked for the brand, while simultaneously flipping Russia the bird. Recently, Volkswagen announced it was suspending production of Russian vehicles in light of Russia's violent invasion of Ukraine. Production will not continue in Russia until further notice. In addition to the Nizhny plant, VW shuttered its Kaluga plant as well. According to Reuters, the pay-outs include financial compensation in the form of six months of salary and health insurance until the end of 2022, but allegedly only for workers who take the deal before 17 June, according to Russian papers. VW has made the plan available to roughly 200 of the Nizhny plant personnel. Prior to its shutdown, somewhere in the neighborhood of 4,200 Russians worked at the Kaluga plant, which manufactured vehicles like the Volkswagen Jetta and Skoda Yeti alongside Nizhny. CarBuzz CarBuzz Volkswagen Volkswagen Part of this comes down to VW's ownership of its two Russian plants. The German automaker owns its Kaluga plant outright, but it doesn't own the Nizhny plant. Instead, the automaker has a contractual agreement with the plant's owner, GAZ Group. GAZ is a Russian automotive conglomerate, which calls Nizhny Novgorod it's home. Across Russia, the group owns 18 manufacturing facilities. The group is also the leading manufacturer of commercial vehicles in Russia. The GAZ Group has been sanctioned by the US Government since 2018, long before Russia's recent invasion of Ukraine. As a result of the VW plant closures in Russia, the Volkswagen Group has had to make other plans. CEO Herbert Deiss has previously said that VW's American and Chinese production plants will have to pick up the slack left by the closure of its Russian facilities. Volkswagen Volkswagen Volkswagen Volkswagen At least in America, VW factories and dealers are happy to share the burden. It means more vehicles produced in one of the planet's hungriest automotive markets, which will help offset the costs of leaving the Russian market, at least for the foreseeable future. As of now, Volkswagen has not announced a timeline for its return to Russian soil, if it will return at all. Moreover, it remains unclear whether Volkswagen plans to further assist its Russian workers. With the Russian economy in shambles, the country's citizens are suffering far more than those responsible for the country's brutal campaign in Ukraine. Volkswagen Volkswagen Volkswagen Volkswagen Source Credits: Reuters Join The Discussion
Show Comments (6) Gallery
13 Photos Tags: #Volkswagen News #Government #Industry News Related Cars
Volkswagen Jetta Chase Bierenkoven Associate Editor Shortly before applying to law school, Chase decided to take a chance on pursuing his dream job: playing with cars and getting paid for it. Law school was just a means to an end, after all. His first writing job was freelance and barely paid his grocery bill. It quickly turned into a full-time position, eventually leading Chase to join CarBuzz in 2022. Chase now tests cars, and sits comfortably at the news desk when he's not in the driver's seat. In his spare time, Chase can be heard trying to play guitar, or out enjoying Colorado's natural splendor in his BMW M3. Contact Chase @bierenkoven @cbier823 LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top